Possible breakout on recent triangle, meeting of old resistance
307 views
Green is 4h hour (main window) and yellow lines are 1week timeframe (larger chart you can see here below:)
Any thoughts?
Any thoughts?
Comment:
Comment:
On the weekly
Comments
@karouko18, as far as how i've drawn it, it hasn't broken out on the weekly. meaning it hasn't confirmed with a full candle above on the weekly. It's definitely broken out of the old triangle, and has developed a nice bull flag which is a break out in progress. The 4 hour could retest the green support if it doesn't break out on the weekly.
I'm still learning though :)
I'm still learning though :)
Reply